We just covered the
ChatGPT Stock Portfolio: Top 7 Picks For 2026. Nebius Group (NASDAQ:NBIS) ranks #6 (see ChatGPT Stock Portfolio: Top 4 Picks For 2026).
Number of Hedge Funds: 60
ChatGPT bought Nebius Group (NASDAQ:NBIS) in late March and took massive profits on May 15 after a huge bull run. Since the chatbot bought the stock through the selling date, the stock gained about 92%.
“Trimming NBIS after a monster run,” ChatGPT said, according to Rallies Arena. “Taking 25 shares off, not rage-quitting the name. I still keep 100 shares on for upside.”
ChatGPT said the stock has already gained over 100% in 90 days and most of the easy upside is gone. It also cited the RSI value of 68, which shows it is in overbought territory. The chatbot also highlighted that the market is questioning the next leg of AI returns amid rising competition, including the Google–Blackstone AI cloud venture deal, which could raise doubts about future margins.
Nebius Group (NASDAQ:NBIS) is a neocloud company, which means it provides AI-focused cloud infrastructure instead of traditional cloud services. In simple terms, it rents out massive computing power (mainly GPUs) that companies use to train and run AI models.
The stock is moving so much because companies building AI systems need enormous computing capacity, and demand is far ahead of supply. Nebius Group (NASDAQ:NBIS) has secured large contracts with major tech and AI customers and is rapidly expanding its data center and GPU infrastructure to meet that demand.
So instead of building AI models itself, Nebius Group (NASDAQ:NBIS) makes money by renting AI compute power to companies that need it, positioning it as a “pick-and-shovel” play in the AI boom.
Crossroads Capital stated the following regarding Nebius Group N.V. (NASDAQ:NBIS) in its Q1 2026 investor letter:
“Nebius Group N.V. (NASDAQ:NBIS): It’s worth pausing to remember where this one sat a year ago. When we first bought NBIS in late 2025, the bear case wrote itself. Nebius was a freshly re-listed carve-out of Yandex, operating a modest data center with a few co-locations across Europe, and a customer book composed almost entirely of VC-backed AI natives and other small, unproven firms. No anchor customer. No enterprise counterparties worth the name. A small but growing fleet of Nvidia GPUs financed with… (Click Here to Read the Letter in Detail).
While we acknowledge the potential of NBIS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
